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Historic Springfield Mixed-Use Building
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206 S 6th St, Springfield, IL 62701

Three-story office and retail building in downtown Springfield.

Property Size21,360 SF
Price / SF$23.41
Days on Market1057

Property Features for 206 S 6th St

General Information

Standard status Active
Size 21,360 SF
Class B
Property subtype Hospitality, Mixed Use, Office, Retail
Zoning S-3

Building Details

Year Built 1888
Buildings 2
Stories 3
Tenancy Multi
Listing Agency: Todd P Smith Real Estate Inc
Listed By: Todd Smith · License #471004523
Source: Crexi
Added: Sep 29, 2023 Changed: Aug 20 Last Checked: Aug 19 at 9:06PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Todd P Smith Real Estate Inc

Investment Insights

Based on property information with market context.

Located in downtown Springfield, this well-maintained, three-story office and retail building is situated near city and state government establishments and a medical hub. The property is diagonally across the street from the Old State Capitol Plaza, which hosts festivals and provides underground parking. The building features elevator and stairway access. Leases are in place for a craft beer pub, a watch company, and a catering business. Additionally, the property houses several not-for-profit agencies and small businesses. The west side windows offer views of downtown Springfield and the Old State Capitol Plaza. The building's exposed brick, fireplace, and ceilings showcase the property's heritage. The property has a total size of 21360 square feet.

Key Highlights

  • Prime downtown location in a vibrant area with government, medical, and historical significance.
  • Leased property with existing tenants including a craft beer pub, watch company, and catering business.
  • Located diagonally across from the Old State Capitol Plaza with ample underground parking.

Property Analytics

Current Use

ASTC Training Center IARF Association / Organization PrimeLending, A PlainsCapital Company ... Loan Service Margie Therapy Counselor Big Dog Construction: ... Construction Company

Suggested Use

Top Pick Kitchen & Bath Showroom HVAC Service (Bike/Boat/Book/etc) Store Storage Facility Home Appliance Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,681
Businesses Nearby

Demographics for 62701, IL

1,354
Population
832
Households
1.6
Avg Household Size
36
Median Age
35%
College-Educated
86%
High-School Grad
0.4 sq mi
ZIP Area
3,385
Density / Sq Mi
$32,444
Median Household Income
$31,472
Median Earnings
$667
Median Rent

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Three-story office and retail building in downtown Springfield.
Where is this mixed-use property located?
The property is located at 206 S 6th St Springfield, IL.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Prime downtown location in a vibrant area with government, medical, and historical significance.; Leased property with existing tenants including a craft beer pub, watch company, and catering business.; Located diagonally across from the Old State Capitol Plaza with ample underground parking.
(217) 553-5439 Call to check price and availability
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